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  1. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF..., the PIB balance landed at a deficit of 2.93 billion euros for the first nine months of the year.

    5%

  2. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry... by 479 million euros. Overall, the PIB balance landed at a deficit of 3.66 billion euros

    5%

  3. Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget... billion euros, above target by 68 million euros. Overall, the PIB balance landed at a deficit of 3.63

    5%

  4. Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the eleven months of the year landed at a deficit of 7.88 billion euros, compared with a deficit of 13.47 billion in the same period last year, according... by 145 million euros. Overall, the PIB balance landed at a deficit of 4.04 billion euros for the eleven

    5%

  5. Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.99 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the preliminary Finance Ministry (MoF... balance landed at a deficit of 4.48 billion euros for the year.

    5%

  6. Greek banks' Eurosystem funding down for second month in a row in Feb

    EconomyMacroeconomy

    percent of total Eurosystem funding. In contrast, the ELA funding in February landed at its lowest

    4%

  7. Greece poised to build on investor sentiment with return to bond markets

    Economy

    of 5 billion euros at a yield of 5.90 percent. The Greek 10-year yield landed marginally north of 6

    4%

  8. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped in March at the fastest pace since May 2013. It fell by 7.3 billion in what was the third successive month that funding declined, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 60.69 billion, its lowest

    4%

  9. SYRIZA stumbles again on way to May elections

    PoliticsGreek Politics

    SYRIZA landed itself in more hot water this week with its candidate choices for next month’s local and European Parliament elections, creating more doubt about the party’s credentials. The leftist party has dropped one candidate, another has been forced to step down, while a third may also have

    4%

  10. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    the elimination of deferred tax asset (DTA), the fully-loaded Basel III CET1 landed at 11 percent. The latter

    4%